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15 Warrawee Avenue Norlane, VIC 3214

Norlane, Greater Geelong, VIC, 3214

$ 1,052,500

Sold
Norlane, Greater Geelong, VIC, 3214
Property Investment Property in Norlane, VIC (4.4% Yield) | Aus Investment Properties - Photo 1

Property Images

Property Investment Property in Norlane, VIC (4.4% Yield) | Aus Investment Properties - Photo 1
  • Property Type
  • 5
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 188

Details

Updated on Sep 08, 2026

Property Type:
Price: $ 1,052,500
Land Price: $ 507,500
Build Price: $ 545,000
Gross Per Week: $ 890**
Gross Per Annum: $ 46,280
Gross Yield: 4.4%
Capital Growth 12 Months: 23.08%
10Yr Annualised Growth: 8.71%
Vacancy Rate: 1.07%
Property Size: 188 m2
Land Area: 670 m2
Bedrooms: 5
Bathrooms: 2+1
Parking: 1+1
Title Status: Registered
Property ID: 36954
SKU: 1045
Sold: Sep 09, 2026

Description

This Multiple Occupancy in Norlane presents a rare opportunity to secure a modern, high-growth investment. Featuring 5 bedrooms, 2 bathrooms and 1 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Norlane is a rapidly evolving suburb within the City of Greater Geelong, Victoria. Known for its affordable property prices and improving infrastructure, it has become increasingly attractive to both investors and tenants. The area benefits from proximity to major highways, public transport options, shopping centres, and employment hubs. Norlane continues to experience strong population growth, making it a strategic choice for long-term property investment.

Whether you're looking to diversify your investments or secure a low-maintenance home, this Multiple Occupancy in Norlane delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.

Floor plans

Property Investment Property in Norlane, VIC (4.4% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 15 Warrawee Avenue Norlane, VIC 3214
City Greater Geelong
State VIC
Postcode 3214
Suburb Norlane
Estate KDRB — Norlane

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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